Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound and Euro Fluctuate as Gas Prices Jump Daily Update
September 6 2022Pound (GBP) Recoups Losses after Overnight Sell-Off After facing selling pressure overnight, the Pound (GBP) managed to edge higher through … read more
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Pound Languishes at Multi-Year Lows Daily Update
September 5 2022Pound (GBP) Muted amid Recession Warnings The Pound (GBP) remained subdued at the end of last week as the UK’s economic troubles and political … read more
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US Dollar Hits 20-Year High amid Risk Aversion and Rate Rise Bets Daily Update
September 2 2022US Dollar (USD) Surges as PMI Beats Forecasts The US Dollar (USD) climbed yesterday as a souring market sentiment boosted the safe-haven … read more
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Pound Continues Collapse amid Deteriorating UK Outlook Daily Update
September 1 2022Pound (GBP) Extends Sell-Off amid UK Economic Fears The Pound (GBP) slipped to fresh multi-year lows yesterday as the UK’s economic outlook … read more
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Pound Slides to Multi-Year Lows as Recession Fears Mount Daily Update
August 31 2022Pound (GBP) Falls on Recession Fears The Pound (GBP) fell yesterday, hitting fresh multi-year lows against some of its peers, as markets digested a … read more
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Volatility as Markets Digest Fed Chair Powell’s Jackson Hole Speech Daily Update
August 30 2022Pound (GBP) Subdued on Energy Cap Increase The Pound (GBP) found itself under pressure at the end of last week after Ofgem announced the expected … read more
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Pound Slips as UK Energy Crisis Impacts Industry Daily Update
August 26 2022Pound (GBP) Declines as Energy Costs Hits CO2 Production The Pound (GBP) trended lower against the majority of its rivals yesterday as the potential … read more
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US Dollar Drops as Durable Goods Orders Stall Daily Update
August 25 2022US Dollar (USD) Slips as Durable Goods Orders Miss Forecasts After rising through yesterday morning, the safe-haven US Dollar (USD) then stumbled in … read more
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US Dollar Dives after Surprise Slump in US Services PMI Daily Update
August 24 2022US Dollar (USD) Plunges as Service Sector Contraction Deepens The US Dollar (USD) slumped yesterday afternoon after US business activity … read more
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Euro Slumps below Parity with US Dollar as Energy Prices Hit Record Highs Daily Update
August 23 2022Euro (EUR) Slides as Gas Prices Surge Again The Euro (EUR) suffered a significant sell-off yesterday – falling below parity with the US Dollar … read more